Jewellery Stocks To Glitter More

The recent announcement of a reduction in Basic Customs Duty rates on gold, silver and platinum will certainly bode well for those in the organised jewellery business. Companies that have significant hedging of gold will benefit the most. Also, the demand for gold is bound to increase, thus creating an overall positive effect on the stocks of gold companies. Vaishnavi Chauhan takes a closer look at the emerging scenario